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20130201
20130228
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
they considered draconian cuts, harry reid and mitch mcconnell said there's a select committee that will spread the cuts all over, you know, over evenly, and that didn't happen, bottom line is, listen, this has been up for a year, and i, and others said, let's get to it, get to it, and they did everything but this. they are on vacation now. they should have come back last week if it's that important. it doesn't get down. i hope i'm wrong, but people are depending on a type of certainty and stability. lou: interesting difference of view in the republican party. speaker boehner in his op-ed this week acknowledges that there would be significant disruptions as a result of sequester going into effect, yet, most of the republican parties say this is what we need, see spending cuts, need to take if on even if it's across the board and arbitrary. there is a real division right now working the republican party apparently; is that right? >> i have not heard so much let's just make the cuts and about it. i'm in the pentagon. i'll serve next week again, and i'm working in the national guard bureau, and th
's in charge and harry reid in charge of the senate. you'd thought we're in charge of everything, apparently. we're not. the president needs to show adership. the house already sent forth proposals, sitting on harry reid's desk, he's done absolutely nothing to bring this to a head. he'll put a bill up with a great title, went be what we want and force you to do it, and, by the way, blame the republicans when it doesn't happen, and then they get to it after, obviously, the march 1 #st deadline. lou: military pay will not be affected by sequester. there's the prospect of possible rolling furloughs, one day a week, several effects that civilian employees, a great number of them in the rollg fiduciary row situation, if it does, in fact, occur. the idea of a sequester turns out to have been -- it seems to me, a monumental misjudgment on the part of both parties and the president, and i can't believe we are sitting here march 1st, and neither the republica or the leadership says this is a stupid idea, and the only people with the power to correct a massively ignorant device we created, and the rep
this a news alert. senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america people don't believe in these things. we believe the rich should contribute. stuart: relieve the rich should contribute, tax the rich. president obama pushing for more tax increases yesterday. in an interview on cbs before the super bowl he said there is no doubt that government needs new relation. he promises strong economic growth this year coming on the heels of an economic contraction in the fourth quarter along with the rise in the unemployment rate. and everybody's taxes already went up as of january 1, taxes may go up some more. from taxes to the market. the dow above 14,000 for the first time since 2007 friday afternoon. let's bring in nicole. it is not like it was going to hold at 14,000, now futures are down, how much are they down? nicole: you can see the down arrows, 69 points pulling back awfully 14,000 mark. traders ar
to comment on to harry reid. this weekend talking about more taxes. he says, the american people are on his side. here he is. >> the american people don't believe in this bustier things. we believe that the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and that is where we need to go. gerri: do you agree? >> no, i don't. john kennedy did not agree. ronald reagan did not agree. they did not agree back in the 1920's. it is never worked in the history of this country raising taxes to bring in more revenue. by the way, the revenue is projected for this year, over two and half trillion dollars. that's more than we took in last year, more than we took in in 2007 and 2008. it is always and has always been a spending problem in washington d.c. look at what is going on in california. wall street loves what california is doing, but remember, the people who voted to raise taxes in california made it retroactive, so what happened is nobody could do anything to get away from the extra increase in taxes, but now we have it here to work on that. let
says harry reid will not budge until he can take more from the rich. connell: boeing ceo and the need to get that dreamliner airborne again. dagen: with the academy award coming up, we have combined our love of the movies with business. we are asking some ceos which movies inspired them. trading places, casino, it's a wonderful life -- we will give you the answer after the break. ♪ stamps.com is the best. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't
targeted smart cuts. where does it fail? in the united states senate. harry reid can't lead a senate to doing fiscally responsible things. >> or anything. >> i'm not sure i understand what you were saying. if you're indicating that the republicans should go out and say they support the sequester, think you were saying the same thing. that's political suicide for them. even though it may be the right thing what happens is once the sequester takes effect if there are layoffs and people rebel against it, republicans are solely owning that. they are responsible for that. >> it's the president's idea. the white house came up with it. >> the republicans are saying they want the sequester. >> the president threatened to veto. they said we want to undo part of the sequester. the president said, i will veto that if you do. he's completely changed his tune. he's flip-flopping all over the place. this is his sequester. he came up with with it, signed it into law and republicans are saying, remember, this whole sequester is from the 2011 -- this is two-year-old spending cuts. we need to cut spen
to senate democratic leader harry reid who did not get a call from the president today and bush and to pass one of two house republican plans to stop the sequestered. cantor declaring house republicans have acted, and it is time for the president and senate democrats to join us. it is time to get off of the campaign trail and get to work, show us with spending reductions you prefer and let's find some common ground. in a tit-for-tat fight, carney brought out shots on the president's own plans to cut spending and tried to turn the blame game back on publicans. >> there will be jobs and if the sequester takes place. the president will, as he continues to do, call on republicans in congress to agree to avoid the sequestered because it is a wholly unnecessary will run the economy if it were to take place. >> except there were others in the president's party like former democratic national committee chairman howard dean suggesting the president should let the sequester happen to slice the pentagon's budget. telling the huffington post, i am in favor of the sequestered. it is tough on things
, the next ten years, and harry reid told us it would not add to the deficit. the president even tried to call our fears about the increased cost saying that, you know, really the spending will be under control. we will cut our cost. what happened? >> well, it did not pan out that way which is one of the things that happens when we pass a really big deal, a couple of thousand pages long without giving people adequate opportunity to review it and figure out what the implications will be. so we are adding over a trillion to the debt of the next ten years. he will also be adding, according to this report, 12 million new beneficiaries to medicaid. this is a problem. gerri: right. it is astonishing, and remember when nancy pelosi said we will know what is in the bill when we read it. now we are finally finding of commands that me tell you, it is frightening. one of the things of the cbo found call entitlement spending, obamacare, medicare, medicaid, all of this together to met will exceed spending for everything else, even defense, social security, health care is going to be everything. is
able to pass a budget. now under the leadership of harry reid and president obama, it's not able to pass a budget. it's not a problem with the senate. it's not a problem getting 51 senators. they've done it for decades. the problem is that no one in washington on the other side of the aisle wants to take leadership for how to get us out of the fiscal mess we're in. and not this year's fiscal mess. the mess that extends out 20, 30, 40 years. the president's budget last year never, ever, ever balanced. you can't do that. those numbers don't add up. >> all right. let's bet back to this sequester here. it comes at a time when we just learned that fourth quarter gdp was horrible compared to what we saw in the third quarter. the stock market seems to feel like things are getting back to normal, the economy's on the mend. is this the time to allow these spending cuts to take effect automatically that could take out a number -- "the new york times" says it could cost a million jobs in the economy right now. isn't this the time to think about an alternative of some kind? >> absolutely. th
to keep the u.s. government running. senior aid for house speaker john boehner and harry reid have begun discussing a deal to fun operations through to september. >>> and the pentagon says the grounding of lockheed martin's jets last week won't deliver the aircraft. there was a crack on a turbine blade on a test plane. speaking from australia, the fa says that type of problem is unfortunate but normal during development and testing. lockheed stock down 1%. >>> as the number of global smartphone users has reached the 1 billion mark, there have been a number using their mobile to make purchases. that's the subject for kelly in barcelona at the world mobile congress. do you have to use your spanish down there or you're okay, kelly? >> si, senior. i've been using a lot of spanish here, ross. right now, i'm joined by ed mcglaughlin from mastercard. ed, i haven't been speaking spanish with you necessarily. >> no. >> but we have been talking about the language of payments. and it does seem as though we're moving from, as you've said, a cash list to a credit card list society. what exactly is ma
stuart: we just had time to squeeze in the "highlight reel." >> president obama and harry reid wants more "revenue." >> and looking to expand it. >> republicans would have been blamed for any tax increase on the middle class. >> the end result being he takes more money off of wealthy people. >> it slows us down gradually. >> many can say texas don't matter. of course they will in the long run. stuart: here we come. what a perfect moment to throw it to dagen and connell. connell: good morning, everyone. dagen: america is a good bet. here to tell you why. connell: one of our guests in this hour could be the next energy secretary. dagen: more on the power outage and the record-breaking at cbs sports for that incredible game. connell: and cyber attacks, the white house considering action against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mar
. ashley: in separate interviews sunday, both president obama and harry reid called for more revenue, only meaning one thing, higher taxes. this, of course, comes on the heels of an unexpected economic contraction in the fourth quarter and a rise in the unemployment rate. joining me now, fox news' senior judicial analyst. >> smiling because i'm happy to be here, but hard to smile with more taxes. didn't we just give him all the taxes he asked for a month or so ago? this is a mentality that believes in redistricting wealth. we're seeing the president at his most progressive capital "p" as jfk and woodrow wilson after the inaugural address. seems to me and those who watch this for a living that he's determined to imprint a big government brand of government into the fabric of federal law, even more than he attempted to do in the first administration. tracy: to call taxes slavery, that leads people to believe they don't have to pay them. >> if you believe the only legitimate commercial transaction is a voluntary one, then you can argue that taxes are theft and slavery because it's -- i'm not
are applied. harry reid and other democrats, however, respond to that. i think this can be done responsibly. whether it is domestic spending or defense. what the president does have in his advantage here is republicans are somewhat divided in this. i think it is important for the republican caucus to stick together on this. dagen: what about that i am a conspirators sometimes, what if the economy continues to chug along at the casting, then it kind of points to the fact that more cuts should have been. you can say i am an idiot. >> i think the administration is concerned because their base does not want to see this. they have political concerns. i do not think they are practical and the terms of the government's ability to move forward and provide services and so forth. they are more worried about the political out, i think. connell: lower gdp estimates, or is there at least some individual companies that will be affected? >> the spending that obama has wanted, he has gotten. spending has increased. what do we have to show for it? the slowest economic recovery in three generations. dagen: s
that is on rocky ground, huh? >> a lot of high drama in that today. tomorrow democratic leader harry reid scheduled a vote on the nomination and republicans are threatening to filibuster it. now this would be the first time that in history we believe that, if it is successful that a cabinet nominee will have been filibustered. some republicans want more information about benghazi which senator hagel testified on. they want more information about some controversial speeches that he may have made. and there is, though there is some talk that perhaps, while they try to work through the process, and avoid the filibuster vote which could be embarrassing they might end up delaying it until congress comes back from its recess. trace? tracy: drama in d.c. peter barnes. who would have thought. ashley: just for a change. tracy: who would have thought. ashley: thank you. it is coming up quarter past the hour, we'll check back with nicole now on the floor of the new york stock exchange. desperately trying to get back to even on the dow, nicole. not quite making it yet. >> if you take cisco systems out you migh
case to see if they can use the public pressure, west virginia and harry reid in nevada to do things they might not otherwise want to do. i'm extremely skeptical. people have tried this in the past. no doubt the obama folks have a better organization and social media gives you advantages you didn't have in the past but they're trying to do something i have not seen signs they are willing to do in a non-presidential election. >> i do think, michael steele, the republicans will see the president talk on guns tonight and see the victims of newtown. i think that's going to cut through. we've all had these moments and said the union addresses ab had these moments and maybe there won't be an assault weapon ban and maybe won't go after thes a 99 high capacity magazines. but republicans will have a hard time saying no to background checks and saying no to gun trafficking laws. if they do say no to these items that are 9010s, we used to go around the hill saying it's 8020, 80-20 negative. if it's 80-20, that train's coming an you get out of the way. this is 90-10. my question is will republic
? >> harry reid won't get a paycheck if he doesn't pass a budget. we finally got his attention. >> i don't think there's any tag days for him getting a paycheck but thank you. >> about the g-7 -- >> my word, absolutely. currency wars front and center, particularly london, the world's major foreign exchange center. notice the stock markets are higher almost across the board. one of the major reasons the banks are rallying today, at the helm, barclays. unveiled a structureture to cut costs and rebalance the bank away from investment banking and the way consumer units grow organically much faster and return to internal equity of about 15%. the stock is up 18%. it continues to gain and dragging other banks in the uk and elsewhere and spain with it, and what the ceo had to say. >> we have to manage our capital very effectively and reduce our cost space and reduce the ratio of compensation to our net income. that's what we're talking about today. >> for the record, the average bonus investment banking at barclays is down 17% at $84,000. the big debate in europe remains on currencies, brussels,
with the sequester idea. in fact he has the exact time and date when they first pitched it to senator harry reid, july 27th, 2011. what's your read on that? >> very detailed reporting by bob woodward there. it's an interesting take. certainly the republicans have jumped on. it's been a debate over the last few weeks about who -- actual lit last few months about whose idea this was. you have jack lew, the former chief of staff to the president, up for treasury secretary who said it at a hearing. this was a republican idea. you see the president has sort of hinted at that, too. more recently jay carney at the white house has acknowledged this isn't a white house idea. the republicans are making a big issue of that. as much as the white house is fanning the flames of concern now, sounding the alarms this week it was their idea. they're saying the president needs to come and meet us and sort of acknowledge we gave a little bit on the fiscal cliff on taxes and not going to do it this time. that's the strategy the republicans are using to pin it on the white house. >> joann, they're really blaming the
't gotten anything with harry reid that can pass in the senate. he said i'm going to put it on congress to try to come up with plan, what he calls a balanced plan for more revenue as well as additional spending cuts. and from that conversation earlier that i had with alan simpson and erskine bowles, i heard from them both sides need to have pressure applied on them, the white house thinks we don't need as many cuts as simpson and bowles do and the president is saying no more revenue, and simpson and bowles saying, no, we need more revenue. today they even set a bar higher than they had in their commission report for additional deficit reduction. i asked them how can you ask for more when we haven't even gotten what you originally recommended. here's how they responded. >> well, we learned the hard way with our commission. the tougher we made it, the more support we got. either go big or go only home. >> we're going to have to push the white house on health care, we're going to have to push the republicans on revenue. >> go big or go home, that's their mantra. we'll see whether congress
harry reid, eric cantor there. and members of congress. these are coveted seats. just saying before the president was introduced here, there has been all this advanced notice that the president will be sort of keeping with his confident, even arguably aggressive tone that he has taken since his reelection. the quote that stood out for me from politico this week, it was assigned to a person close to the drafting of the speech. >> right. >> said the president's approach to the republican party in this speech would be borrowed from the 2500-year-old chinese book philosophy "the art of war." and the quote was "build your opponent a golden bridge to retreat across." . >> i like the quote. and i think that would be probably a good strategy for the president. i mean, i would hope that we don't see a lot of partisan bickering, but i hope he is aggressive in terms of the proposals that he is going to lay out. this being his last term, most people say 18 months and then you start looking lame duck. so very important speech as to what his presidency and his legacy is going to mean. and i think
Search Results 0 to 24 of about 25 (some duplicates have been removed)